logo

The Significance of Moving Averages in VAALCO Energy, Inc. Inc. (EGY) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 43.21% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 41.94%. Over the past 30 days, the price of EGY has fallen by 4.21%. And in the last five days, it has fallen by -5.58%.

VAALCO Energy, Inc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $7.51 on 04/04/24, while the lowest value for the same period was recorded at $3.51 on 05/10/23.

52-week price history of EGY Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. VAALCO Energy, Inc.’s current trading price is -14.32% away from its 52-week high, while its distance from the 52-week low is 83.19%. The stock’s price range during this period has varied between$3.51 and $7.51. The VAALCO Energy, Inc.’s shares, which operate in the Energy, saw a trading volume of around 1.06 million for the day, a figure considerably lower than their average daily volume of 1.13 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

VAALCO Energy, Inc. (EGY) has experienced a quarterly rise of 47.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 664.03M and boasts a workforce of 189 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.05, with a change in price of +1.92. Similarly, VAALCO Energy, Inc. recorded 1,000,128 in trading volume during the last 100 days, posting a change of +42.57%.

EGY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for EGY stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.16.

EGY Stock Stochastic Average

VAALCO Energy, Inc.’s raw stochastic average for the past 50 days is presently 68.29%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 2.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 28.73% and 39.29%, respectively.